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CBS
Nov 24, 2012 6:00pm PST
japan. captioning sponsored by cbs this is the "cbs evening news." >> good evening, the i am chip reid, one day after the holiday season kickoff the nation's merchants have reason for joy, by one estimate the number of black friday shoppers was up 20 percent over the same day last year. the question now is whether shoppers can maintain the pace. terrell brown is watching the shoppers and their treasures in new york tonight. >> it is shaping up to be a record-setting opening to this holiday shopping season. one retailer at wal-mart the neigh nation's biggest said it sold nearly 5,000 items a second on thanksgiving night, as stores opened their doors this year earlier than ever. >> the pumpkin pie was barely eaten thursday night when retailers opened their doors, some as early as 8:00 and 9:00 p.m., to jump-start the holiday shopping season. >> shopping! >> people showed up a clear majority of the nation's shoppers came into the stores between thursday night and friday morning. according to an overnight survey from a research group. >> this party was by far the biggest ever and have neve
FOX News
Nov 26, 2012 6:00pm PST
of perfection. >> sean: democrats have gone a step too far, senate democrats with hairy reid leading the charge want to drastically change the filibuster egypt in order to oppose the republicans' opposition to certain legislation. look at what they said when president bush and the republicans were power. >> senate democrats represent the last check. republicans want to eliminate this check and give president bush power no president has ever had. the ability to hand out lifetime federal judgeships without consensus from the other party. never happened before. they think the senate should be a rubber stamp for this president -- i guess every president -- even if that president wants radical supreme court nominees and judges who will roll back our rights. >> everyone in this chamber knows that if the majority chooses to end the filibuster, if they choose to change the rules and put an end to democratic debate, then the fighting and the bitterness and the gridlock will only get worse. >> changing the rules of the senate has a long life to it. it's a precedent set in the senate that we will have to
MSNBC
Nov 26, 2012 6:00am PST
to in 2011. majority leader harry reid has ruled that out this time and the number two democrat durbin repeated reid's position on sunday. >> social security does not add one penny to our debt. not a penny. it's a separate funded operation and we can do things, and i believe we should, now, smaller things, played out over the longer term that gives it solvency. medicare is another story. >> there's still staff level discussions going on. and, by the way, as much as washington gets caught up in the conventional wisdom of what senators are saying, remember right now the senate are 100 ehechted pundits. the game is between the white house and house republicans for now. at some point the action could move to the senate. but right now it's about the house. it's a possibility at some point folks on capitol hill expect the white house to call another meeting of boehner, mcconnell, reid and pelosi along with the president. at some point this week. though nothing is scheduled. the first major appointment that the president makes will probably come in the next week to ten days. just two candidat
MSNBC
Nov 27, 2012 8:00am PST
of taking the economy off the fiscal cliff is harry reid, president obama, he says he wants to compromise. he says there's only two options here, take the economy off the fiscal cliff or do it my way. that doesn't sound like something he's willing to negotiate in good faith. so, listen, republicans want to restore confidence and certainty to this economy. i don't think want to play brinkmanship, the way to do this is through pro-growth tax reform. i'll quote the numbers again. you'll get ten times the amount of revenue by growing the economy, $750 billion versus the measly $68 billion that the president's proposing by punishing success. i think that would work far better. >> and you're saying revenue because by taxing the wealthiest americans, it cuts off what has been referred to as job creators from actually getting americans to work so we have more americans working that are then paying into the tax system. >> thomas, i'm one of those job creators, those small business people. i could have explained to him what's on the minds of job creators, the people that make those investment decis
FOX News
Nov 27, 2012 4:00pm PST
. >> also late tonight, harry reid said the three republicans are politicizing the benghazi matter, calling it, quote, outrageous. >> shepard: catherine herridge in washington. the white house and congress have five weeks to keep us from going over the fiscal cliff at the end of the year. that would mean automatic tax hikes and spending cuts at the same time and an economists say it could cause another resomething. the president met with congressional leaders from both parties, but harry reid says there has not been much progress since then. mike emmanuel is on capitol hill. republicans are asking for changes to social security and medicare. any common ground? >> shep, in public, it does not sound like it. top republican leaders say if you want to avoid the fiscal cliff, you need to address the drivers of our debt. >> we know that the only way we can solve our long-term debt and deficit problem is to fix the unsustainable growth rates of our very popular entitlement programs. the president has from time to time indicated an openness to that. now is the time to actually do it. >> 42 business
CBS
Nov 23, 2012 5:30pm PST
's the reaction at the white house? chip reid is there with that part of the story. chip? >> reporter: good evening. the only official reaction has come from the state department which says morsi's actions "raise concerns." in a written statement a department spokesperson says "one of the aspirations of the revolution was to ensure that power would not be overly concentrated in the hands of any one person or institution." but, of course, morsi's actions would concentrate enormous power in his hands. that puts the administration in a difficult position because president obama called morsi three times this week during the gaza cease-fire negotiations and secretary of state hillary clinton flew to meet with him. afterwards, administrations officials praised him as a peacekeeper, now the white house has to figure out how to respond with a so called peacekeeper who's stirring up so much protesting. >> mason: chip reid. thanks, chip. the cease-fire in gaza morsi brokerd is holding despite a deadly shooting at the border. israeli troops fired warning shots at 300 palestinians to force them to move
CBS
Nov 25, 2012 6:00pm PST
so many others in congress will not, compromise. chip reid caught up with king on the streets of maine. >> if somebody comes to you and says i'm not going to compromise, what they're really saying is i have 100 percent of the truth. i'm 100% right. >> reporter: angus king says he's 100% certain of only one thing. that neither the democrats nor the republicans are always right. that is why when he takes his seat in january as the new senator from maine he will be doing it as an independent. >> the people are absolutely fed up with this nonsense. they have had it with washington not being able to get anything done. if you get people in a room, if you share a common understanding of the facts you can generally find common ground. and that's exactly the role that i hope i can play. >> reporter: he served two terms as governor of maine where he says he learned the value of being an independent. >> i don't have to check with anybody about what my positions are. i can call them as i see them. and that's what i did for eight years as governor there was one glorious six-week period whe
FOX News
Nov 27, 2012 6:00am PST
reid on the floor of the senate only moments ago. listen to him. >> unfortunately there is one obstacle standing between you and congress to compromise, grover norquist. for years he has bullied lawmakers willing to put their oath of office or promise to serve constituents ahead of their pledge to this antitax zealot. his brand of ideological extremism has been bad for congress and even worse for the country. i was pleased to see republicans in congress distance themselves from norquist this week. i appreciate that very much. bill: here now to react. grover norquist, americans for tax reform. good morning to you. >> sure. bill: harry reid, what do you think about that? >> well, only senator harry reid of nevada could pack that many lies into something quite that short. look, the taxpayer protection pledge as harry reid well knows is a commitment by senators and congressmen to their constituents, not to me personally, reid tells that lie over and over again, a commitment to their constituents that when they come to washington they will reform government and spend less money, rather than
FOX
Nov 26, 2012 2:00am PST
't be just being against the democrats. and against harry reid and against obama. you have to be for things, and we have to give them something like the contract with america, that we gave them some years ago. we have to give them something to be for. and as far as young women are concerned, absolutely. i don't think anybody like me, i can state my position on abortion, but, to -- other than that, leave the issue alone. when we are in the kind of economic situation and, frankly, national security situation we're in. >> chris: when you say leave the issue alone, you would allow, you say, freedom of choice? >> i would allow people to have those popinions and rec those opinions and i'm proud of my pro-life position and record and if someone disagrees with me, i respect your views. >> chris: senator mccain, thank you as always for coming in today, you will have a busy final weeks here in 2012. >> we certainly will. thank you, sir. >> chris: thank you. up next 'tis the season to shop and spend, but the upcoming fiscal clip put a damper on consumers and investors? ♪ we're sitting on a bunch of
Current
Nov 26, 2012 5:00pm PST
votes and will reid be able to use get the 51 votes to get the reform. >> you're quite right people are angry. they're hurting and congress is not responding. one of the reasons why congress is not responding is we have republicans playing an extraordinary role in terms of obstructionism. filibuster an filibuster. i think you have folks who are working really hard on this issue. senators americaly udal and others. if we're going to do the people's business we can't get bogged down in filibusters and we need real reform there. >> eliot: as always it is a great joy to have vermont's independent senator bernie sanders on the show. thank you for joining us. >> thank you eliot. >> eliot: for more on impure thoughts and what it could mean, i'm joined by ken vogel. ken, thanks for joining us. >> great to be with you eliot. >> eliot: how does grover norquist put down this rebellion in his own party? what muscles does he flex? what power does he have? >> what he has is money, and he has a lot for it. his organization spent $16 million more than they had ever spent on expressed at very casscy
FOX Business
Nov 28, 2012 5:00pm EST
on? >> well i oppose the idea that senator reid is proposing. i think it is a mistake to limit the rights of people who elected me and others to have the right to offer amendments and to have unlimited debate on the senate floor. you know, it is interesting when president obama was a senator and republicans were thinking about using this, he said, oh, no, it is terrible, it would destroy the institution and would hurt the country. same thing when senator biden was a senator spoke against it. when harry reid was in the minority he was against it. now they're in the majority. seems like a power play. i think you shouldn't break the rules which is only thing they can do, because they don't have votes to change the rules. you should not break the rules to change the rules. melissa: from here it is so hard for us to tell how close we're getting to a deal or not. we have our own "money" meter which is scale one to money, what is likelihood a deal gets done. what do you think? what is the likelihood? >> i think it is closer to money than to your odds of winning the powerball but we're
FOX News
Nov 25, 2012 11:00am PST
agenda. it can't be just being against the democrats and against harry reid and against obama. you have to be for things. we have to give them the contract with america that we gave them some years ago. we have to give them something to be for. young women, i don't think anybody like me i can state my position on abortion, but to -- other than that, leave the issue alone. when we're in the kind of economic situation and frankly national security situation we're? >> chris: you would say freedom of choice? >> i would allow people to have those opinions and respect those opinions. i'm proud of my pro-life position and record but if someone disagrees with me, i respect your views. >> chris: nor -- senator mccain. thank you for being here today. >> 'tis the season to shop and spend. will the coming fiscal cliff put a damper on consumers and investments? 4g lte is the fastest. so, which supeast 4g lte service would yochoose, based on this chart ? don't rush into it, i'm not looking for the fastest answer. obviously verizon. okay, i have a different chart. going that way, does that make a diff
FOX News
Nov 26, 2012 12:00pm PST
president obama spoke with the house speaker boehner and the senate majority leader harry reid over the weekend. still, concerns of the crisis and the european debt crisis sent stocks down but not precipitously but down. we are seeing signs of progress in washington, dc, with rare bipartisan consensus on raising taxes on the wealthy but they remain at odds over the specifics. in other words, exactly highway do you do it. and mike emanuel is live on capitol hill. the white house is expressing putting pressure on congress. >>reporter: a report on the impact if the bush tax cuts are not extended. the study says the typical middle class family will see taxes go up by $2,200 next year affecting businesses and retailers. the argument is the families will spend less and it will hurt the economy. >> you can see it across housing, and services, and things like paying for cell phone, groceries, durable goods, auto purchases. evidence like this is a reason why retailers are so concerned that congress has not yet extended the middle-class tax cuts. >>reporter: and carney noted the president spo
FOX Business
Nov 27, 2012 1:00pm EST
about the comments made by harry reid with the cautionary tone with the fiscal cliff and you have to push back to washington and decisions need to be made fast. so with the intraday chart we hasselhoff again but the dow was down 68 points the s&p is down 1/3 of 1%. it was in a green but now when the red like hewlett-packard, american express way on the dow. tracy: chevron, i am. we will see when 15 minutes span of three weeks since the bombing was elected a yet there seems to be little progress to hammer out the agreement between the president and congressional leaders to avoid the looming fiscal cliff. spending cuts and tax hikes kicking and and analysts say it could kick is back into a recession. gerri willis is here to get it straight. >> i wish i could. >> is a mind-boggling we had made no progress? >> what has happened? absolute nothing now the president will go to the street he thinks the election is still on? i know understand going to pennsylvania but today he meets with middle-class americans. i would like to see all of the elite people to sit down until you get something
CNBC
Nov 26, 2012 7:00pm EST
everywhere that senator harry reid wants to severely curtail and restrain the my in the's power to flu filibuster. what can you tell us about that? >> i would just tell you the senate -- when i got here the senate worked very well. everybody could offer amendments. they were respectful of the amendments they offered. they knew if they took advantage of it, there would be consequences in terms of people not voting for their amendments. we've lost quality leadership in the senate, and harry reid's answer to that is change the rules, and if he changes the rules, he will have totally defeated our founder's purpose of creating a senate where minority rights are protected, and -- and what that will do is that will create two houses of congress rather than a house and a senate, and it just says majority rules with an iron fist. >> so you're going to fight it. >> well, i would tell you, my hope would be that if he carries out his threat, the senate will be shut down until he restores the rights of the minority because that's what our founders did. the reason they did a bicameral legislature an
CNN
Nov 26, 2012 6:00am PST
-panthers, philadelphia. >> how about that monday-nighter? >> i know. i just continue to worry about andy reid because he looks so pathetic. >> yeah, it's been a very rough year for the eagles and their head coach andy reid. a lot of folks are calling for his head. this team lost six in a row, the most since before he took over. but while a lot of people want him fired right now, i think you have to look at the body of work, carol, for him. six division titles, he won an nfc championship game, winningest coach ever in philadelphia. and i think a little respect, too, for reid as a person who lost his son earlier in the season. you could make a change with this eagles' team, a lot of injuries, including michael vick. but a lot of people also believe that an interim coach in the middle of a year doesn't always translate into immediately turning things around. so i believe, like a lot of people, that reid will be gone, but it won't happen probably until the end of the year. >> vince chelani from bleacher report, thank you so much. >> don't forget, go to bleacherreport.com. carol, good to see you. >> i'm goin
FOX News
Nov 26, 2012 3:00pm PST
, the president called both senator reid and speaker boehner to get things going. there is a talk of a immediating at the white house later this week. >> ed henry live on the north lawn. thank you. stocks were mixed. the dow lost 42. nasdaq gained ten. they are still trying to find a deal for bail-out money for greece. they failed to reach an agreement twice in two weeks. mary schapiro is leaving next month. she will be replaced by the sikh commission member elite walter. you may want to let go of your mouse and pay attention the next story. you and your fellow americans are expected to spend well in the ten figure range today. during the online shopping blitz known as cyber monday. that is a lot of cash. that is not taxed at the in-person rate. james rosen. >> the cyber monday rush to p.c., iphone android poses little threat to the black friday stampede to brick and mortar stores but the numbers are starting to turn. >> we now have one in ten discretionary dollars spent online. >> physical retailer saw foot traffic decline by 2%. with 100 million people expected to make $1 million in online purch
CBS
Nov 27, 2012 5:30pm PST
democrat harry reid says republicans are the ones dragging their heels. there's been little progress with the republicans, which is a disappointment to me. they've talked some happy talk about doing revenues, but we only have a couple weeks to get something done. >> reporter: republicans point out that medicare and medicaid are the largest future drivers of the debt. they say they won't agree to increased revenue from taxes unless they get entitlement cuts as well. scott, it's safe to say there are going to be people on the right and left howling mad at no matter what this deal looks like. >> pelley: nancy, thank you very much. one idea they're looking at is scaling back one of the most popular tax breaks of all: the mortgage deduction. dean reynolds will tell us more about this later in the broadcast. that crisis in egypt is growing tonight. more than 200,000 protesters have filled cairo's tahrir square. they are angry with their new president, mohamed morsi who said last week that his decisions cannot be challenged by the courts which gives him almost absolute power. and our holly
MSNBC
Nov 27, 2012 2:00am PST
connell is angry about reid's plan to end filibusters on so-called motions to proceed done before any final debate. >> shutting off our right to express the views of our constituents as is being proposed would effectively shut these people out of the process. he will break the rules of the senate in order to change the rules of the senate. >> americans believe congress is broken. once again, the only ones who disagree with mitch mcconnell and republicans in congress. >>> another senator, dianne feinstein of california, set an election-day record after receiving the most votes ever for a u.s. senator. nearly 7.3 million. >>> well, will rick santorum run again in 2016? he tells "the weekly standard" he's, quote, open to it. >>> former president jimmy carter now 88 years old is back in haiti to help rebuild 100 new homes after the devastating earthquake there. it is his second trip there in the past year. >>> and finally, "politico" reports jill kelley, the supporting character in the petraeus scandal, has been stripped of her title as an honorary consul for south korea. she was using the title for p
MSNBC
Nov 27, 2012 2:30am PST
. they fall to 3-8 on the year. and after his team's seventh straight loss, coach andy reid said after the game, he's not spoken to the eagles' ownership about the future with the team. and you know what, mika? he might as well not. i don't think he's going to be back in philadelphia next year. >> more news from the nfl, lions' defensive tackle ndamukong suh won't be suspended for kicking texans' quarterback matt schaub in the groin during the lions' loss to the texans on thanksgiving day. >> you can tell, he hits the ground, it's just a twitch. >> who does that? oops. following an official review of the incident, the league rules that suh's actions didn't warrant suspension, but they're still considering whether to fine him. schaub told a houston radio station yesterday that he would never want to be suh's teammate saying quote, you don't want a player like that. the stuff he hands for and the type of player he is, that's not houston texan worthy. suh has been fined four times and suspended two games. >>> a big showdown in the tri-state area. the new york knicks traveled across the ea
FOX News
Nov 21, 2012 8:00am PST
? there has been so much acrimony. the white house, you know, pushing senator reid to get a budget out of the senate. is there going to be some kind of a kumbaya moment? >> i think there is. i just read the tea leaves and you listen to nancy pelosi or harry reid, the majority leader of the senate. both have already said that there is going to be a deal well before christmas. i think that they know. pressure from low income people on the left. they want them to make a deal. again, i don't think it's getting attention, but the president is under pressure. jon: it is so fascinating that so little seems to get done and get the voters sent the same cast of characters back to washington to get it all done again, i guess. >> that's optimistic. jon: juan williams, brad blakeman. happy thanksgiving. jenna: on this thanksgiving, the latest forecast up next for you. plus, thanksgiving favorites getting a whole new look this year. one of them is the star of them all. the turkey. turkey ice cream. need i say more? stay with us people really love snapshot from progressive, but don't just listen to m
FOX News
Nov 28, 2012 6:00am PST
with it again. thank you, stuart. martha: you have got senate majority leader harry reid saying there isn't much to talk about, that the election shows the american people have given the lawmakers the go ahead to raise taxes. >> americans when they voted raised their voices and supported our pledge. congress is acting in accordance with the will of the american people. martha: reid says any agreement must have the wealthy to pay a little bit more to reduce the deficit. bill: what happens if they don't see a deal? 90% of americans will see a tax hike in 2013. and families that make between $40,000 and $65,000 will have to pay an extra $2,000 to washington, d.c. in taxes. martha: concerns over america's fiscal cliff have sent the markets lower in premarket trading. there is a look at where the dow is poised to open this morning. with the dow, the s & p and the nasdaq all trading lower. speaking of that, a new round of violent protests break out in egypt as police fired teargas into the crowds. here are some of those scenes. >> unbelievable. more than 100,000 people flooded into downtown cairo. th
CBS
Nov 24, 2012 5:00am PST
as six years. >> big day for starry eyed open otimists. chip reid is following the story as excitement builds and ticket lines grow longer for the powerball. >> reporter: this weekend the amount that shoppers are spending is not the only number. take a look at the powerball jackpot, $325 million. nearly $213 in a single cash payment. 44 states and territories offer a chance to play. since the lottery raised the price of a single ticket to $2 in january, the prizes have increased even while the number of tickets purchased has declined. the chances of winning saturday's jackpot 1 in 75 million. recently there's some big winners. iowa hit it big with two jackpots this year. >> it's the number one cash jackpot to an individual or a couple in iowa's lottery history. >> reporter: the couple bought a ticket in a $202 million contest and took home 90 million in cash. a group of 20 quakerr oats worker split winnings in june. the surge in ticket purpose before a big jackpot but they say they are not sure how thanksgiving will affect tonight's drawing. for cbs "this mornin
FOX Business
Nov 28, 2012 12:00am EST
at the day's market headlines. stocks bit it for the second straight day senate majority leader harry reid indicated that little progress has been made in recent fiscal iff talks. big surprise there. so you're welcome, investors. the major intoday sees slid on the news and the dow fell 89 points. >>> shares of green mountain coffee are skyrocketing after-hours. the company solidly beat expectations for fiscal fourth quarter earnings, pointing to strong sales of its k cup coffee & tea packs. >>> apple reportedly fired the manar behind apple maps. iphone software has been widely panned for flaws and inaccuracies since its launch back in september. what you really want is an accurate map, so there you go. >>> on to our top story tonight, president obama ups the ante on fiscal cliff pressure meeting with small business owners from all walks of live at the white house today. the million dollar question? what will be the real impact on small businesss? with me now, straight from that meeting in a fox business exclusive is the cofounder of book to the roots, an urban mushroom farm growing gourmet
FOX News
Nov 22, 2012 3:00pm PST
through. i want to ask you about comments about senator reid talking about how he's making it difficult for things to be brought up and you say he's abused the power in the senate to a degree that has never ever been done. how so. i don't think there's any doubt about that. for example, he's controlled the minority party to have amendments to bill after bill after bill after bill and he also has refused to have a budget for three years and the reason is, when you you bring up a budget, you're guaranteed to have the right to amendments and full debate and he's refused for three years to bring up a budget to the floor of the senate and once again, we're headed into secret negotiations with a few leaders and meeting in secret. they'll bring up a settlement presumably, hopefully, until the fiscal cliff, december 24, december 31st and ask everybody to vote for it without amendment and without any real discussion and knowledge by the american people of what's in it. and so, this is so contrary to the great senate understanding where the great issues of our day are debated at length and peopl
FOX News
Nov 27, 2012 6:00pm PST
're making my point. where is the conversation about cutting, dir dick durbin, harry reid? >> the president sold a lie. the lie is you can have these goodies and it will be paid for if you tax the rich for more. that's economic nonsense. i want to give you one number. the unfunded liability of medicare, one entitlement program, is $42 trillion. that's money that we've got to shell out in the future, which we do not have. are you going to tell me we could tax the rich? >> i am not telling you, but this is what i'm saying, that the tax reform and entitlement reform should and could be a bigger part of this conversation, however to focus on the republicans now at this point i think is chasing a rabbit down a hole. it is not the republicans' responsibility to come up with a plan. president obama won fair and square. he's the won who needs to persuade america that the policy is right. >> sean: we have the exact same situation as we had before. all this money was spent, all the arguing over -- >> the house passed all sorts of bill to improve the economy in the last congress. you don't get anywher
CNN
Nov 26, 2012 11:00am PST
leader harry reid said let's not mess with social security, signals from the white house indicating they're not going to touchdown social security, maybe medicare, medicaid, but not social security and republicans will say, wait a minute, you're not serious. we're giving ground on revenue, you got to give ground on spending. and, brooke, i think the biggest thing here is that this bill, if they get a bill, is going to be so unpopular because it is going to raise taxes and it is going to cut benefits and getting the votes to pass this is going to be enormously difficult. >> you bring up the benefits issue. let me run through this, because it brings us back to the possibility of no deal whatsoever. again, on the automatic tax increases come january 1. we're talking about a lot of stuff here. the bush era tax cuts expire. as does the president's so-called payroll tax holiday on social security deductions, follow along with me, the so-called marriage penalty returns full force, you also have extended unemployment set to expire here. and the child tax credit drops by half. capital gains go up
CNN
Nov 26, 2012 1:00pm PST
in washington. the white house says the president did speak with speaker boehner and senator reid over the weekend to touch base on this very issue. as one republican aide put it to cnn, the fact that they are still talking is progress. but a democratic aide said they don't have staff had you hadling in a room going over spreadsheets which is where they need to get to hammer out a deal. what they're doing now is they're at the dancing stage of this negotiation. >> a lot of folks are saying it's not the republicans in the senate so much will be the problem for the obama administration, but republicans in the house of representatives, especially those from the tea party movement and others will be a serious problem. >> what was an important group of republicans during the debt ceiling debate while this election has changed the arithmet arithmet arithmetic, republicans in the house will be key to this negotiation. the two men that need to hammer out this deal, just like it was over the summer, is still president obama and spooeseaker boehner. >> i don't think there's any doubt the preside
FOX News
Nov 28, 2012 8:00am PST
by the senate majority leader harry reid who said the three republicans politicize sizing this issue and called their behavior outrage just, jenna. jenna: well have more as the story volz throughout the day. catherine, thank you. >> reporter: you're welcome. jon: another story gripping washington, the size of our national debt. one lawmaker says the real problem is the fiscal avalanche that looms if the government fails to deal with our massive national debt. it is now over $16 trillion and counting. utah republican senator mike lee wrote that the in an, wrote that in a recent opinion piece. he is a member of the joint economic committee. you're from utah. a lot of mountains there. i'm sure you know what an avalanche looks like and the problem with them is as you point out you don't know when they're going to come. >> that's right, jon. unlike the give which you can see coming the avalanche is there in the sense that the conditions are present but you don't know exactly when it is going to hit you. by the time it hits you it is too late to get out of the way. that's why we have to start moving
CNBC
Nov 27, 2012 9:00am EST
reid, mitch mcconnell, john boehner, nancy pelosi will be serious. going over the cliff doesn't make any sense. >> we all remember the t.a.r.p. vote that you reference. that really didn't come to a resolution until the markets -- i would argue -- scared washington. i wonder how important you think that is this time? do stocks need to fall before the two sides really get committed at the table? >> that is a terrific question. that's the main question. in two days we lost 1,600 points in the markets. it took us a lot longer time to come back and recover. i sat there and stared defeat in the face. we can't do it now. the markets will respond to certainty. that's what congress needs to give american business and american people. certainty about taxes. certainty about spending in congress and certainty about our commitment to lower the debt. >> how do you argue that you are considering all elements of reform if in fact you're going to stick by the norquist pledge. is there anything wrong with as senator graham has said with saying i made that pledge back then but my job is to be a senator
CNN
Nov 25, 2012 5:00am PST
leader harry reid that the work on this would continue over the break and that they hope to meet the president this week when they return. right now that meeting is not yet on the schedule, but that can certainly change, randi. >> has there been any concrete movement as far as we can tell that they are edging maybe just a little bit closer to a deal? >> well, that's really the question here. i mean, as i said, the work has continued among staffers discussing this. we know what the big hold-ups are, the big sticking points, and that's how to raise more tax revenue. we know republicans can put revenue on the table, but they don't want to see tax rates go up for anyone. we also know that the president ran on this idea of raising taxes on the wealthiest among us. the other issue is entitlements. republicans want to see democrats reform programs like medicare, so those are the sticking points. now, if there's been progress that hasn't been made public yet, and i can tell you that right after the election the president spoke with house speaker john boehner, and they talked about a grea
MSNBC
Nov 21, 2012 1:00pm PST
welfare at the expense of none other than the middle class. for more, we go to joy reid, managing either of grio.com and jared bernstein. welcome to you both. >> nice to be here. >> earlier we asked you to come up with a figure, because you know i have -- like a dog with a bone on this. we asked you to come up with a figure how much corporate welfare per year is dolled out. what did you find out? >> from the tax policy center, nonpartisan, highly reliable group, $150 billion in tax expenditures that favor corporations in 2012. so, there's your number. >> now, if i'm not mistaken, the amount we actually spend on entitlements that we actually are entitled to because we pay into a system is about half of that? in terms of who's getting the better deal, corporate welfare seems like the better deal and if we're looking for cuts, maybe that's where we should start? >> i think the point is that in both of these cases it's absolutely nonsense, and i know you share this view, to write off all of the social programs as, you know, welfare that just layabouts are -- that 47%, clear nonsense. at the
MSNBC
Nov 22, 2012 6:00am PST
of taxes. and also stuck on the issue of entitlements. we had harry reid come out and basically say he wasn't open to reforming especially social security. so there's a big question mark about how they're going to move forward. remember, these are sort of their opening bids. presumably there is room for some sort of movement on either side. in terms of getting a deal done by the first of the year, i think there's a lot of pressure on both sides to try to get something done here. you remember the debt ceiling debate. after that sort of knockdown dragout fight, congress had its lowest approval ratings in history. they know they need to get something done. remember, if they don't get something done before the first of the year, it could have serious consequences on the economy. >> i want to ask you both to weigh in on this question. kristen, you do the political angle and neil you give me the nuts and bolts. yesterday john boehner wrote an op-ed calling for the health care law to be part of the negotiations, he wrote in part the president's health care law at the massive, expensive, unworkable
MSNBC
Nov 22, 2012 7:00am PST
. republicans talking about reforming entitlements. you have harry reid saying he is not open to reforming specifically social security. there may be some wiggle room on some of the other entitlements, but things are off to a rocky start with house speaker john boehner writing an editorial saying he thinks the president's health care plan should be on the table. that is certainly something that both sides will go to the mat over, but i think there's a lot of pressure to get a deal done by the first of the year for the reason that you just cited. because if they don't, this will have a big impact according to a lot of economists on the economy and they just don't want to see that happen and bear the brunt of that. >> understandably so. quickly, the president's plans for today are what? is he there in the house behind you or elsewhere? >> reporter: he is in the house behind me. quiet day at the white house with his traditional thanksgiving dinner with the first family. i'm sure there will be all the fixings on the table, turkey, ham, a lot of different types of pies. yesterday president obam
FOX News
Nov 26, 2012 3:00am PST
show any flexibility at all at curtailing medicare spending, period? harry reid has already said social security is off the table. we're not touching social security. that's not a story? no. it really wasn't. that was basically uncovered by the networks. but the debate now is entitlements and that is getting almost no attention. >> steve: in the meantime, you look at the stuff and it looks like the main stream media essentially acting as a negotiator on behalf of the white house. republicans need to cave. don't think of it that way. think of compromise because that at thend of the day, both parties will give up something. >> sure. and by the way, let me to be totally honest, republicans have already caved. they've already fallen for it, right? they've already been pushed into, you watched the sunday shows, attacking grover norquist, as if that's the point. it's not. so the press has cowed republicans to do their bidding and in effect, doing the white house's bidding. but again, the real story is going unanded and that is will harry reid and the democrats in the house, led by nancy pelos
ABC
Nov 27, 2012 1:40am PST
after what, 13, 14 years, eagles' head coach, this could be the swan song for andy re reid. could be out of there. certainly a rough season in the city of brotherly love this year the end of an era possibly for eagles football. my second favorite team. >> saints and eagles have eight wins this year. how many losses. won't do that. >> you are right. >> seven straight losses this season. started 3 and 1. >> ugly. ugly. ugly. ugly. >>> all right. coming up, one of the most unforgettable military takedowns in american history and the heroine who made that happen. >> first, a huge internet retailer's operation on cyber monday. who has been tracking your online shopping habits this season? you are watching "world news now." ♪ the only place you want to be is underneath the christmas tree ♪ ♪ hang me up and put me on top >> announcer: "world news now" weather brought to you by febreze air effects. >> announcer: "world news now" weather brought to you by febreze air effects. take a deep breath for me. describe the smell. it's very pleasant. fresh. some kind of flower maybe? remove the blin
FOX News
Nov 25, 2012 9:00am PST
.o.p., and will the democrats line up with harry reid and others? or do you think there will be resistance to something they weren't involved in. >> i think that they weren't involved will be the excuse. the leadership, by its definition, figuring out how to move this forward, as opposed to having the largest possible group and the lowest possible time. that's a recipe for doing nothing. that's exactly what has happened in the senate four years, according to the session's own definition of that. so when we talk about leadership, yeah, that would mean some people getting into a room, figuring out what can their side tolerate to move us forward. and to the earlier point, i think it's penitentiary to note that the premise for the entirety of the campaign season was that the republicans standard bearer said, we won't take one dollar -- we won't give you one dollar for every $10 of curts. that deal is no longer on the table. john boehner others know, the tax increases will be a part of this plan moving forward. part. not the only way. they understand that that is coming. the first bill isn't on the table. t
FOX News
Nov 27, 2012 10:00am PST
known months as we come into -- every nine months as we come into an election year. harry reid still hasn't passed a budget now in four years in washington d.c. he'd rather play games with the republican budgets than pass a budget of his own. it's time the democrats came to the table. and the republicans need somebody to stand up. may i suggest george h.w. bush stand up and tell the people what really happened to him in 1990, 1992, and that george w. bush stand up and really stop taking the blame for what happened in the economy and put it where it belongs. we need the two former presidents to stand up just like the three presidents today that are democrats are bashing the bush administration, bashing their economy. they need to not wait for history to tell the story, they need to tell the story themselves. megyn: but george w. bush, who lowered taxes, did spend a lot. he was a spender, and gave us the medicare, you know, prescription drug program that we didn't really have the funding for, and that added to our deficit and to our debt, and then president obama came in and, you know,
MSNBC
Nov 25, 2012 9:00am PST
about patty murray. a lot of people are tired about hearing about mitch mcconnell and harry reid and some of these other leaders this is one you want to read this profile. >> we'll get to that. how but, robert? what's your must-read? >> my good friend, sheryl gay stollberg has a piece in "the new york times," about the historic nature of president obama's second inaugural. it will be on a second and the following day, the public ceremony on martin luther king jr. day and how fitting and how folks are lowering expectations given the fact they don't think they're going to have 1.8 million come out, as many people came out as four years ago. an interesting read. >> you never know, weather can always play part in that as well. we're all excited. thanks, all of you, i do appreciate it. and we'll see you again soon. >>> that is a wrap-up of this sunday edition of "weekends with alex witt." do stay with us, we have headline updates. up next, "meet the press," i'm alex witt, make it a good one. ♪ i'd like to thank eating right, whole grain, multigrain cheerios! mom, are those my jeans?
FOX News
Nov 25, 2012 3:00am PST
that's caused significant gridlock in the past, senate majority leader harry reid thinks a deal can be done by mid december, well ahead of the deadline. >> we have the cornerstone of being able to work something out. we're both going to have to give up some of the things that we to are a problem and so, it's like when we arrive at a point where we all know something has to be done. there's no more let's do it some other time. >> right now, there's some outside pressure on congressional negotiators to raise the 18.4 cent per gallon federal gasoline tax, something that's being pushed by state highway officials and road builders across america. casinos are also pushing to get language legalizing online poker into a deal and governors hit hard by superstorm sandy or wanting more if federal aid to come to them through a potential deal. whatever agreement it made to avoid the fiscal cliff, it's going to be worth a lot of money and now is the time that groups are stepping up to see if they can get in on some of that. >> all right, everyone wants a little piece of the action and everyone wa
MSNBC
Nov 26, 2012 3:00am PST
reid and the democratic caucus to meet halfway on entitlement reform? >> that is a question, certainly. and i think that the democrats were as unhappy in the part of the democratic caucus when the bargaining negotiations took place. democrats were as unhappy as parts of majority leader cantor's kau can cuss were about the revenue side. you made the point that it's a big deal for speaker boehner to put the notion of new revenue on the table so what has changed in your caucus and your caucus' outlook when the notion of new revenue was for a lot of your members not talked about. what's changed in those districts where people got re-electeded having not changed their position at all? we were re-elected to fix problems. we were elected to fix the problems to get the economy going again and to fix the deficit. well, the president got re-elected. we know at the end of this year taxes are going up on everybody. everybody. rich, poor alike. we have marginal rates across the spectrum going up as well as c cap gains, dividends. everything. this is the so-called fiscal cliff, right? so we know tha
CNN
Nov 23, 2012 1:00pm PST
and of course majority leader harry reid. it's time to put aside all of these election year gripes and start focusing on how we get the american people back on their feet, healthy, strong and back to work. >> i hate to keep talking about the last election because, you know, we've got to look ahead. nonetheless, there's some very interesting little nuggets out there including one about the fashion line, if you will, that was put out by the obama campaign as a fund raising tool. now, jim messina, the campaign manager, said this, the obama fashion line ended upbringing him just north of $40 million, raise money, register voters, persuade voters, everything has to feed into those three things. now, a lot of people laughed about this, you know -- there you go. look at that. these are things from vera wang, marc jacobs, and it was something of a joke. but $40 million, who's laughing now? what do you think, is this a new tactic for campaigns to use in the future? >> absolutely. look, if you can raise north of $40 million putting a logo on a t-shirt or pocketbook or purse, why not? i mean, the ameri
FOX News
Nov 26, 2012 6:00am PST
, bill. that's what we've got to see from nancy pelosi, harry reid and the president. where is their proposal to actually fix the problem? because raising taxes is not going to fix the problem. we've always believed that raising taxes is going to be harmful to a small businessman or woman in creating a job, and, you know, i tell this story about a cook that i met in an airport. when he told me he came up and says,ase do something about the problem in washington, we need more jobs. he said i had to take a cook's position because i couldn't find a job that best met my skill set in the construction industry. i want to go and find that job to make the kind of money that i feel i'm worth, but if you raise taxes on the small businessman or woman who is creating that job that is creating less of a likelihood that you're going to create the job. bill: you have to dance now and you're trying to thread this needle the difference between raising tax revenues and tax rates, there is a distinction i get it. do your constituents get it? are they going to look at you and say, hey you guys
FOX News
Nov 24, 2012 3:00am PST
. >> do we have a reid war in the making. colorado and washington state voted on legalizing, and michelle malcolm. we'll ask her about that. >> a trap set for another animal, but it called a bald eagle instead. who finally came to the rescue of the symbol of our nation. [ fishing rod casting line, marching band playing ] [ male announcer ] the rhythm of life. [ whistle blowing ] where do you hear that beat? campbell's healthy request soup lets you hear it... in your heart. [ basketball bouncing ] heart healthy. great taste. mmm... [ male announcer ] sounds good. it's amazing what soup can do. [ man ] whoo-hoo! [ male announcer ] with reddi wip... that's so weird... [ whoosh! ] [ male announcer ] ...a slice of pie never sounded better. oh, yeah! [ male announcer ] that's because it's always made with real cream, never hydrogenated oil like some other whipped toppings. the sound of reddi wip... [ whoosh ] ...is the sound of joy. >> washington state and michelle's home state of colorado, well, they are the first states to legalize marijuana for recreational use and the colorado governor fam
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